This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Describe the major sources of tax revenue and expenditures for the federal ... (Read 11 times)

shenderson6

  • Hero Member
  • *****
  • Posts: 573
on: Jun 30, 2018
Describe the major sources of tax revenue and expenditures for the federal government.

Question 2

The infant-industry argument about tariffs argues that:
 a. it is unfair to levy tariffs on items intended for use by infants.
  b. tariffs should be levied on foreign products that compete with new domestic industries only in the short run.
  c. if a newly established domestic industry can survive in the short run, a tariff should be levied to protect it from foreign competition in the long run.
  d. permanent tariffs should be levied on foreign products that compete with those produced by newly established domestic industries.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kbennett34

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 30, 2018
Answer to Question 1

The major source of tax revenue to the federal government is personal income taxes. The major expenditure is on income security.

Answer to Question 2

b


shenderson6

  • Member
  • Posts: 573
Reply 2 on: Jun 30, 2018
Gracias!

xthemafja

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

The amyloid-β peptide, which plays a major role in Alzheimer’s disease The amyloid-β peptide, which plays a major role in Alzheimer’s disease
Major cell types in the human body. Major cell types in the human body.
Major components and functions of the nervous system. Major components and functions of the nervous system.
Describe the Conceptual Forecasting Framework in your own words. Describe the Conceptual Forecasting Framework in your own words.
US federal budget deficit/surplus and debt US federal budget deficit/surplus and debt
Major Climate Zones and Surface Currents Major Climate Zones and Surface Currents
Video: Wound Cultures

For a complete list of videos, visit our video library